Bumble signs definitive agreement to be acquired by Ithaca Holdings for $1.3 billion
On October 13, 2026, Bumble announced that it had signed a definitive agreement to be acquired by Ithaca Holdings in an all-cash transaction valuing Bumble at $1.3 billion. Class A shareholders are to receive $6.05 per share, and Bumble is expected to become privately held after closing.
Bumble announced that it had signed a definitive agreement to be acquired by Ithaca Holdings in an all-cash transaction valued at $1.3 billion, with Class A shareholders receiving $6.05 per share. This is a material merger-and-acquisition development that advances the previously reported take-private talks and has clear forward implications for Bumble shareholders, while the transaction itself has not yet closed. Importance is high because the deal establishes defined consideration and a path to private ownership; surprise is moderated because advanced talks were reported the prior day. Confidence is high because the supporting context explicitly describes the definitive agreement, although the exact underlying signing time is not provided and the timestamp is anchored to the first report. BMBL and BX are approved because Bumble is the target and Blackstone affiliates are explicitly identified as shareholders that approved the transaction; speculative read-throughs to unrelated peers and platforms are excluded.
ITHACA TO BUY BUMBLE FOR $6.05/CLASS A STOCK IN CASH
Bumble entered a definitive agreement to be acquired by Ithaca Holdings in an all-cash deal valuing the company at $1.3B, or $6.05 per share, a ~138% premium to the Oct 9, 2026 close.
Required shareholder approval has been obtained via written consent; closing remains subject to customary conditions.
Bumble (BMBL) shares are halted on news Ithaca is taking Bumble private for $1.3 billion, with a deal price of $6.05 per share.
Bumble founder Whitney Wolfe Herd said she would “remain actively involved with Bumble” after the deal, which marks a significant change for the company that was valued at $14 billion when it went public....